2 1/2
Recession means: When the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year It's actually a fall in GDP for 2 or more quarters....
High unemployment was an effect of the Great Recession.
Global recession is a period of economic slowdown. The Great Depression and Great Recession are two periods in time that experienced global recession.
About 10000000 its alot i knoe :(
High unemployment was an effect of the Great Recession.
Depends on how long were going to sit here and watch it happen and not do anything about it.
The service industry was healthy during the great recession. This included anything in hospitality and restaurants.
"If one looks at historical numbers of the past US recessions, the country faced a recession anywhere between 8-16 months. In 2000-01, it faced 8 months of recession, in 1990-91 about 8 months, and 1981-82 about 16 months. Historically, that is how long recession has lasted." "Some people in the US say it could last for 3-4 quarters...This recession is compared to that of 2000-01 and 1969-70" SOURCE: http://www.moneycontrol.com/india/news/market-outlook/us-recession-could-last-for-3-4-quarters/12/00/326369
NEVER.
Code Monkeys - 2007 The Great Recession - 2.11 was released on: USA: 3 August 2008
South Africa is currently in a recession because of a great decline in demand for products and output of products due to a world market recession.
The Great Depression had a more profound and lasting impact than the Great Recession. It resulted in widespread unemployment, significant economic contraction, and transformative changes in government policy and regulation, shaping the global economy for decades. While the Great Recession also caused severe economic distress and led to important reforms, its effects were less severe and shorter-lived compared to the Great Depression. Ultimately, the Great Depression reshaped societal structures and economic systems in a way that the Great Recession did not.